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Non-Tech : APCO Automobile Protection Company
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To: Elmer Rauckman who wrote (3210)3/16/1999 4:44:00 PM
From: ChrisJP  Read Replies (1) of 3351
 
Hi Elmer,

I'm not in APCO, so it must have been someone else liquidating. If you use www.icq.com, I'll bet it says that APCO is very oversold now.

I was refering to MTON's downtrend since mid-Jan. Intra day, it is clear that when the bid hit a round dollar value, it triggered selling activity which I attribute to stop losses. The stock usually drops 1/2 - 3/4 of a point and rebounds to within 1/8 - 1/4 of a point below the stop loss. So it's a quick 1/2 point trade if you're fast (which I'm not).

Ok ?
Chris
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